May 31, 2026
Kontiki Capital Management Sells Full Truck Alliance Stake On May 15, 2026, Kontiki Capital Management (HK) Ltd. completely divested its holdings in Full Truck Alliance, selling over 20 million shares for an approximate total of $193.84 million, as reported by Detik Finance. A filing with the Securities and Exchange Commission (SEC) dated the same day […]
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May 30, 2026
Photo by iStock/yamashita rie A company in Ontario that provides quotes for trucking insurance is facing scrutiny after several licensed brokers claimed they are not connected to the business, despite being listed on its website as part of its team. This situation developed early yesterday morning, and soon after the inquiries were made on April […]
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May 29, 2026
Insurance Fraud Investigation in Karnal Truck Theft Case Karnal | A reported truck theft in Karnal district, Haryana, has been reclassified as a suspected insurance fraud case after police uncovered signs of a fabricated theft scheme aimed at securing insurance payouts. Investigators claim that the truck alleged to be stolen was never taken; the complainant […]
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May 25, 2026
Proposed Legislation to Increase Minimum Insurance for Motor Carriers Democratic lawmakers in the U.S. House have introduced a bill aimed at raising the minimum insurance coverage for motor carriers from $750,000 to $5 million. The proposed Fair Compensation for Truck Crash Victims Act will also adjust the new insurance minimum to keep pace with inflation. […]
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May 24, 2026
Full Truck Alliance Co. Ltd. Reports Q1 Financial Growth In its first quarter of 2026, Full Truck Alliance Co. Ltd. achieved a 5.5% increase in net revenues, totaling RMB2,848.4 million ($412.9 million), as reported by Detik Finance. The digital freight platform released its unaudited financial results, revealing a net income of RMB994.1 million ($144.1 million) […]
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May 24, 2026
The ongoing freight recession that began in 2022 continues to affect the transportation industry as it extends into 2026. Although there was a brief uptick in truckload spot and contract rates in April, challenges within the industry remain, according to Detik Finance. This sustained economic downturn has resulted in many closures and bankruptcies across the […]
Read articleMay 23, 2026
Angela Prill, Vice President of Intermodal Network Management at Schneider, has been recognized as a Top Woman to Watch in Trucking by the Women in Trucking Association (WIT). This accolade highlights her effectiveness in delivering measurable value and flexible solutions for shippers. With 15 years at Schneider National, Inc. (NYSE: SNDR), a leading multimodal transportation […]
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May 22, 2026
Increase in Liability Insurance Costs for Motor Carriers According to recent findings from the American Transportation Research Institute (ATRI), the cost of liability insurance premiums for motor carriers is rising significantly faster than consumer inflation, despite a decrease in heavy-duty truck-related crash rates. Rising Premiums Outpacing Inflation ATRI’s latest report indicates that from 2021 to […]
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May 16, 2026
Despite ongoing efforts by motor carriers to lower their insurance premiums, the majority are still experiencing increases in their insurance costs. A new report highlights the necessity for a more comprehensive approach. A recent study focused on how rising insurance costs impact trucking fleets indicates that, despite various strategies employed to reduce premiums, most motor […]
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May 15, 2026
Daimler Truck Financial Services USA (DTFS) has collaborated with GEICO to launch Connected Insurance, aimed at Freightliner and Western Star owner-operators and small fleets. Managed by Daimler Truck Insurance Agency LLC, this initiative utilizes connected vehicle data to improve coverage precision and incentivize safe driving practices. Program Overview and Coverage Connected Insurance enhances GEICO’s DriveEasy […]
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